I became the richest man in the world after losing my life in a vegetative state - Chapter 1496
#1496: The Imperial Group officially announced that it would swallow up Yingzhijie
In Zheng Mingxun’s view, continuing to expand the domestic business is the priority project of Yingzhijie.
Including domestic first-tier, second-tier and third-tier cities, as well as import and export and distribution of automobiles, office equipment, industrial and engineering products, building materials, health care products, foreign wines and various consumer products.
In his view, the current domestic business volume has accounted for one-third of the total revenue of Yingzhijie Group, and the domestic business volume may continue to rise in the future.
Zheng Mingxun talked about the future development of Yingzhijie Group, and Yang Ming did not speak.
However, it can be seen that Zheng Mingxun is indeed very capable and is an outstanding Chinese professional manager.
“Sir Zheng, are you willing to stay in Yingzhijie Group?”
Are you willing?
Zheng Mingxun is of course willing.
After all, he spent so much time in Yingzhijie Group to be promoted step by step to his current position.
If he leaves, he must find a suitable position again, which is very difficult.
“Sir Yang, I am very willing.”
“After the acquisition of the Inchcape Group by the Empire Group, the Empire Group basically does not interfere with the management of the original management, but some aspects still need to be changed, including some business adjustments.”
Now the Empire Group has many subsidiary groups, and some businesses are duplicated, which involves internal competition. In this case, the business of these companies can be adjusted.
Zheng Mingxun thinks it is okay.
. . .
That morning.
Zheng Mingxun had breakfast with Yang Ming at the Repulse Bay Half Mountain Villa, and then he left the Repulse Bay Villa.
When he left, he had already got the answer he wanted.
That is, he continued to serve as the head of the Inchcape Group.
However, he changed from the chairman of the board of directors of Inchcape Pacific to the general manager of Inchcape Pacific Group.
He is still the head of the Inchcape Group.
In addition, he joined the Empire Group cabinet and became a member of the cabinet.
This is also what Yang Ming considered the scale of the Inchcape Group.
After all, the Empire Group just spent more than 100 billion Hong Kong dollars to acquire the company, and this group company is also a Fortune 500 company. As the boss of the group, it is impossible that he is not a member of the cabinet.
18:00 in the evening.
Meeting room of the headquarters of the Pacific Group Building in Hong Kong.
At this time, in addition to the original chairman Zheng Mingxun and some other important executives, the Empire Group, including the cabinet general manager of the Empire Group, Mai Lisi, the cabinet deputy general manager Huo Jianning, and the Empire Group Financial Director Tang Shilian, attended the press conference.
In fact, the Empire Group has not held a press conference for a long time.
This time, a press conference was held in the name of the Empire Group and the Inchcape Group.
In addition to TVB reporters, Asia Television reporters, and Hong Kong Commercial Radio reporters, there are also reporters from the Oriental Daily, Sing Tao Daily, Ming Pao and other local mainstream media and newspapers in Hong Kong.
There are also reporters from Yangshi in China and reporters from important TV stations in various provinces.
As well as reporters from important media and newspapers stationed in Hong Kong overseas, they were all invited to attend this press conference.
Of course, some well-informed reporters may have guessed that this may be related to the acquisition of the Inchcape Group by the Empire Group.
“Why did the Empire Group and the Inchcape Group suddenly hold a press conference?” a female reporter asked in a low voice.
“Maybe it’s related to their work cooperation.”
“I guess the Empire Group swallowed up the Inchcape Group.”
. . .
Now the Inchcape Group is relatively low-key in Hong Kong, but its business volume is getting bigger and bigger, even more than that of the four major foreign companies, Taikoo.
Today, Taikoo is almost losing its market share in aviation and beverages.
Even if the Empire Group failed to swallow up Taikoo, Taikoo’s status is indeed getting worse and worse.
On the contrary, because the Inchcape Group avoided business competition with the Empire Group, the Inchcape Group is very popular overseas, in Hong Kong, and in China.
These reporters were whispering in the conference room.
When they saw that many heavyweights appeared in the Empire Group, the reporters present were even more excited.
And seeing that Zheng Mingxun, the boss of the Inchcape Group, looked very good, some reporters speculated that the Empire Group did not swallow up the Inchcape Group?
Soon, Mai Lisi, Huo Jianning, Tang Shilian and others shook hands with Zheng Mingxun and sat down in front.
“Good evening, reporters. Today is Christmas. I wish you all a happy Christmas. Today, I invite all reporters to attend this press conference, which is indeed related to the recent important acquisition of Empire Group.”
When the reporters below heard this, they didn’t know whether they were excited or something else, and hurriedly pointed their “long guns and short cannons” at Mai Lisi who was speaking.
“A long time ago, our Empire Group Chairman Sir Yang proposed to acquire Yingzhijie Group, but there was no chance until last year. After our Empire Group cabinet secretly discussed the acquisition with Yingzhijie’s major shareholders, our Empire Group finally acquired Yingzhijie Group for US$15.3 billion, that is, HK$120 billion, making this Fortune 500 company a subsidiary group of Empire Group.”
What?
Since last year, Empire Group has been secretly acquiring Yingzhijie Group?
It actually spent US$15.3 billion, equivalent to HK$120 billion, to swallow up this Fortune 500 company?
Shocked!
The reporters present were stunned.
In the 1990s, an acquisition of more than 10 billion US dollars was still very crazy.
After all, money is very valuable now.
Of course, even after 20 years, an acquisition of more than 10 billion US dollars is still a very important acquisition in the global acquisition or global investment community.
When those reporters were excited and wanted to interview Mai Lisi or Zheng Mingxun, Mai Lisi continued: “Now I am here on behalf of Sir Yang, Chairman of the Empire Group, on behalf of the Empire Group Cabinet and the Empire Group Secretariat to announce the new personnel list of the Inchcape Group.”
“Mr. Zheng Mingxun, former Chairman of the Board of Directors of Inchcape Pacific, will serve as the General Manager of Inchcape Pacific Group and join the Empire Group Cabinet. Congratulations to Mr. Zheng for becoming our new colleague and executive of the Empire Group.”
Mailisi led the applause.
Others around followed suit.
. . .
At this time, the press conference was still going on.
And today is Christmas.
Li Jiacheng still wanted to go back to the Changgang Industrial Group Building to go to get off work as usual. He was sitting in the Mercedes-Benz with his feet up. Because he was a little sleepy, he did not read the newspaper in the car.
Although today is not a working day, I didn’t expect that the streets in Central Hong Kong are still very congested.
Suddenly, the host of the Hong Kong radio station who was playing music said: “Dear viewers, I will now report an important news.”
“According to the information just sent back from the conference room of the headquarters of the Inchcape Pacific Group Building, the Empire Group successfully acquired the Inchcape Group for US$15.3 billion, or HK$120 billion.”
When Li Jiacheng, who was squinting his eyes and preparing to rest, suddenly heard the news, he suddenly woke up as if he was stimulated in the head.
What?
The Empire Group actually spent more than 10 billion to swallow the Inchcape Group?
How is this possible?
Because before, Li Jiacheng had never heard of the news that Inchcape, a Fortune 500 company, had actually fallen into the hands of the Empire Group. (End of this chapter)